Market Report Framingham, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 12
Framingham Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2012 Range $133,000 - $360,000 $112,500 - $558,000 $134,000 - $855,000 $275,000 - $862,000 $500,000 - $567,000
2 Bed 3 Bed 4 Bed 5 Bed 6+ Bed
Number of Listing Sold 15 265 167 23 3
Days on the Market 114 81 110 92 285
Average Sale Price $ 218,471 $ 285,776 $ 390,694 $ 441,794 $ 539,000
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 11.952% 3.722% -3.823% -3.622% -11.028% -8.261% 0.313% -0.485% 5.626% $409,343
$424,579
$408,347
Number of Listing Sold 553 655 619 498 472 469 442 429 394 473
Days on the Market 57 51 60 98 104 118 106 93 98 94
Average Sale Price $ 365,642 $ 409,343 $ 424,579 $ 408,347 $ 393,556 $ 350,153 $ 321,227 $ 322,233 $ 320,670 $ 338,711
$393,556
$365,642
$350,153 $321,227 $322,233 $320,670
2003
2004
2005
2006
Source: MLSPIN, as of 1/11/2013
2007
2008
2009
2010
2011
$338,711
2012
Market statistics
Total Sold - Framingham, MA Single Family Homes, 1/1/2012 - 12/31/2012
# of
Price Range $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999
Avg. Days on Listings Market
Total Properties
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
7 39 61 106 100 61 28 26 31 8 2 4
117 120 94 78 84 79 79 102 158 67 158 307
$134,643 $176,737 $225,922 $273,864 $320,798 $372,298 $420,797 $472,476 $540,039 $626,305 $716,250 $836,250
$151,386 $189,966 $232,780 $281,024 $326,519 $380,731 $429,604 $483,613 $555,134 $647,463 $724,500 $859,150
90 94 97 98 98 98 98 98 97 97 99 97
$177,971 $203,195 $246,930 $289,019 $336,064 $389,320 $440,739 $494,265 $578,300 $649,328 $779,450 $871,650
78 88 93 95 96 96 96 96 94 97 92 96
473
94
$329,877
$338,711
97
$350,070
94
Source: MLSPIN, as of 1/11/2013
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Framingham Statistics Condominiums Average Sale Price - Number of Bedrooms - 2012
0 Bed 1 Bed 2 Bed 3-4 Bed
Range $43,900 - $51,000 $40,000 - $179,900 $65,000 - $247,500 $90,000 - $244,000
Number of Listing Sold 2 57 48 17
Days on the Market 83 101 103 94
Average Sale Price $ 47,450 $ 91,287 $ 145,256 $ 171,832
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 14.207% 17.855% -7.953% -0.449% -39.565% -14.798% 25.566% -15.885% 10.745%
Number of Listing Sold 242 264 304 185 125 158 174 141 92 124
Days on the Market 45 35 47 86 113 138 141 111 88 100
Average Sale Price $ 164,922 $ 188,353 $ 221,983 $ 204,329 $ 203,411 $ 122,931 $ 104,740 $ 131,518 $ 110,627 $ 122,514
$221,983 $204,329 $203,411
$188,353 $164,922
$131,518
$122,931
$110,627
$104,740
2003
2004
2005
2006
Source: MLSPIN, as of 01/25/2013
2007
2008
2009
2010
2011
$122,514
2012
Market statistics
Total Sold - Framingham, MA Condominiums, 1/1/2012 - 12/31/2012
# of
Price Range $0 - $49,999 $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
7 42 38 19 18
164 93 98 76 125
$41,343 $73,096 $119,919 $175,637 $218,792
$44,386 $78,908 $125,024 $182,076 $226,178
94 93 96 97 97
$46,257 $81,256 $130,813 $183,876 $236,653
90 91 93 96 93
124
100
$122,514
$128,277
95
$132,749
92
Source: MLSPIN, as of 01/25/2013
SERVICE@DWELL360.Com | 617-299-1854
Framingham Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2012 Range 2 Units $106,000 - $350,000 3 Units $192,199 - $439,900 4 Units $92,500 - $360,000 5-6 Units $170,000 - $450,000
Number of Listing Sold 32 11 4 4
Days on the Market 94 140 51 124
Average Sale Price $ 214,319 $ 283,964 $ 226,125 $ 276,250
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 13.163% 4.704% -2.870% -16.759% -27.359% -12.176% -0.815% 8.752% -3.170%
$416,827 $368,341
Number of Listing Sold 53 66 75 56 25 54 49 41 40 51
2004
Average Sale Price $ 368,341 $ 416,827 $ 436,435 $ 423,910 $ 352,866 $ 256,325 $ 225,114 $ 223,280 $ 242,822 $ 235,124
$436,435 $423,910
$352,866 $256,325
2003
Days on the Market 54 49 76 88 155 137 111 85 128 103
2005
2006
Source: MLSPIN, as of 01/25/2013
2007
2008
$225,114 $223,280
2009
2010
$242,822 $235,124
2011
2012
Market statistics
Total Sold - Framingham, MA Multifamily Homes, 1/1/2012 - 12/31/2012
# of
Price Range $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 6 9 16 11 4 2 1 1
6 19 102 93 162 28 148 416 116
$92,500 $129,650 $171,233 $231,494 $268,182 $331,500 $355,000 $439,900 $450,000
$99,900 $135,950 $187,333 $235,516 $278,132 $344,900 $381,000 $474,900 $479,900
93 97 93 99 97 97 93 93 94
$99,900 $137,617 $228,900 $253,016 $290,041 $337,175 $386,000 $474,900 $499,900
93 96 80 95 93 99 92 93 90
51
103
$235,124
$245,602
96
$261,175
92
Source: MLSPIN, as of 01/25/2013
SERVICE@DWELL360.Com | 617-299-1854
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